"We remain committed to tap new sources of growth and focus on commercialising consumption opportunities across our product portfolio," he added.

Britannia's overall expenses in the quarter stood at Rs 1,757.52 crore, up 6.56 per cent from Rs 1,649.18 crore in the same quarter a year ago. Shares of Britannia Industries were trading at Rs 3,173.65 apiece on BSE, up 1.31 per cent from their previous close.